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Will 2004 be a historic breakthrough for Elektrim?

"Without any doubt 2004, will be a time for a major breakthrough in the recent history of Elektrim," said company's president Piotr Nurowski. However, analysts are very reluctant about these announcements, especially as the company is on the verge of bankruptcy. "No wonder investors are reluctant to purchase our stock. The biggest flaw of the company is our low credibility for stock buyers. And that is the end of our disadvantages," said Nurowski. Elektrim plans to focus on the energy sector. "I do not see any threat for the energy division of our company," declared the firm's president. Elektrim has a 38.84% stake in ZE PAK power plant, but intends to increase its share to 100% and is currently in the process of purchasing employees' stock. At the same time, the company will fully withdraw from investment in the telecoms sector. (Puls Biznesu, pp. 1, 4) M.M.

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